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Shell freezes Alaska drilling until 2014
Oil giant Shell put its controversial oil drilling plans for the Alaskan Arctic on hold through 2013, following multiple embarrassing problems with its two drilling rigs. ... more
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Larry Ellison buys Hawaiian airline to go with island
Tech billionaire Larry Ellison, who bought his own Hawaiian island last year, now has an airline to go with it. ... more
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Chinese oil giant CNOOC buys Canada's Nexen
The Chinese oil giant CNOOC completed its $15.1 billion purchase of Canada's Nexen energy group on Monday, in what analysts have said is China's largest foreign investment. ... more
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Embraer seeks larger executive jet market
Brazilian aircraft maker Embraer is aiming to expand its share of an international executive market, which is seeing more players than a decade earlier. ... more
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